Meta to Acquire 49% Stake in Scale AI for $14.8 Billion: Report Skip to main content

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Denmark's data centres have quite a small number of people working!

Politicians often express great enthusiasm when tech giants announce plans to build data centres in Denmark. “It’s an apple that has fallen into our lap, and to stick with the Apple theme, we’re on cloud nine,” Torsten Nielsen (K), who was mayor of Viborg Municipality at the time, said when Apple first announced its data centre back in 2015 . He expected 10,000 new jobs to be created in the municipality. This prospect of hundreds—if not thousands—of new jobs is often cited as a huge benefit to society. Among other places, in West Jutland, where Microsoft is planning to build three large data centres. “I am very pleased when large companies as Microsoft choose to make significant investments in Denmark and help create new jobs. I am confident that this new data center region in the municipalities of Esbjerg and Varde can help develop West Denmark and contribute to growth, new jobs and even greater progress,” Stephanie Lose (V), then minister for economic affairs, said in Microsoft’s pre...
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Meta to Acquire 49% Stake in Scale AI for $14.8 Billion: Report

 Meta Platforms is reportedly set to acquire a 49% ownership stake in artificial intelligence startup Scale AI, with the deal valued at approximately $14.8 billion according to a report by The Information citing sources familiar with the matter.

Established in 2016, Scale AI specializes in delivering high-quality labeled datasets—an essential resource for training advanced AI models like OpenAI’s ChatGPT.


Though the transaction is yet to be finalized, it is expected to yield significant returns for Scale AI’s stakeholders, including investors such as Accel, Index Ventures, Founders Fund, and Greenoaks, along with its current and former employees.

Neither Meta, Scale AI, nor the startup’s investors have issued public statements regarding the potential deal.

The report also indicates that Scale AI CEO Alexandr Wang is likely to join Meta in a senior leadership role, heading a newly formed “superintelligence” lab. This move is seen as part of Meta CEO Mark Zuckerberg’s broader effort to accelerate the company’s AI development by bringing top-tier talent on board.

Meta has recently faced scrutiny over its performance in the AI space, especially after the Llama 4 model series released in April failed to meet expectations. Additionally, the launch of Meta's flagship “Behemoth” model was postponed over concerns related to its readiness, according to The Wall Street Journal.

The potential agreement with Scale AI may be structured to sidestep intensified regulatory oversight, particularly in light of the ongoing antitrust investigations concerning Meta’s past acquisitions of Instagram and WhatsApp.

Scale AI was last valued at $13.8 billion in a funding round held in spring 2024. The company reportedly earned around $870 million in revenue last year and is projecting over $2 billion in revenue for 2025, with more than $900 million in cash reserves at the end of 2024.

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